Cici Zheng has joined ParkerGale Capital as a Principal. Ms. Zheng is the fourth new team member to join ParkerGale since the firm closed its debut fund above target in November 2016 with $240 million of capital.
Ms. Zheng will be active with investment due diligence and will also take a lead role working with portfolio companies on growth strategies by developing and implementing programs that enhance go-to-market activities, clarify product positioning and deliver financial results.
“We are excited Cici has joined our team to help our companies grow faster and compete better,” said Jim Milbery, a co-founder of ParkerGale. “Her skills are a perfect match for what our management teams need and her energy is contagious. Cici brings us a potent mix of experience and her leadership will ensure our companies are well looked after.”
Prior to joining ParkerGale, Ms. Zheng worked at Bain & Company as a Case Team Leader where she advised clients across multiple industries on engagements including private equity due diligence, customer strategy, marketing, and merger integrations. Before joining Bain, she was an Associate at HealthCare Royalty Partners as well as an Analyst at UBS where she was a part of the healthcare investment banking team. Ms. Zheng has a BA in Economics from the University of Pennsylvania and an MBA from Harvard.
ParkerGale makes control investments in profitable technology companies that have at least $2 million of EBITDA. Companies with subscription or transaction-based revenue models are preferred. The firm was founded in 2014 by five former members of Chicago Growth Partners – Devin Mathews, Dave Chandler, Jim Milbery, Kristina Heinze and Ryan Milligan. ParkerGale is headquartered in Chicago (www.parkergale.com).
© 2017 Private Equity Professional | September 18, 2017